Case Study

Global Industrial Manufacturer Rebuilds Financial Foundation with Help from Outsourced Accounting Partner

Global Industrial Manufacturer Rebuilds Financial Foundation with Help from Outsourced Accounting Partner

Pages 1 Pages

Case Study: Square 1 Design & Manufacture, Inc. The Client Square 1 Design & Manufacture Inc. provides a diverse range of products and services, including new product design, custom machining, structural steel assembly and fully automated machinery for a global customer base. The Challenge Square 1 had employed a bookkeeper to maintain the books, and when that person left, a family member stepped in to fill the gap. However, soon customers were receiving multiple invoices, payments were not being recorded, and those customers were receiving collections calls in error. The company also owed several vendors but did not know how much they owed, because the account payables had not been entered correctly. Profitability and cash flow was an issue. The Solution Foster Results rebuilt

Join for free to read